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1. Datuk Muhammad Ibrahim is our new Bank Negara Governor effective 1st May 2016. He will start his five-year term. Taking over Tan Sri Dr Zeti Akhtar Aziz who retires on 30th April 2016. 2. He is the most senior deputy governor and the central bank’s second-in-command. 3. A career central banker like Zeti, [...]
Setapak is a major suburb in Kuala Lumpur, Malaysia. Setapak mean " one step " in Malay and is only 22km from Kuala Lumpur City Centre. Today, we're going to look into this area on the average prices per square foot (PSF) basis. Hope you will find some of the facts interesting. 1. The [...]
‘Mortgage rejection rates not as high as 50%’ Summary : Malayan Banking Bhd (Maybank) president and chief executive officer Datuk Abdul Farid Alias refuted claims that the rejection rate of housing loans has soared above 50% among the banks. Housing loan applications last year totalled 456,853, The total number rejected was 93,159 Which translated [...]
I bought a unit of condo with RM771,000 Purchase Price. Need to know how much the stamp duty and any rebate of stamp duty? Answer : Hi, Thank you for visiting our website. Pertaining to you question about stamp duty, i'm not sure you are asking for property or loan stamp duty. But, i [...]
“Reside-and-Purchase” program by Property developer Selangor Dredging Bhd (SDB) 1. Under the RAP program, the buyers will place a 5% down payment on the selling price of the property. 2.They will then have to conclude the sales documents and move into the home immediately. 3.SDB said the buyers will then have to settle the [...]
